09
Nov
10:45
Italian merchant bar increases €10/t
Italian merchant bar producer Beltrame has announced a €10/tonne base price increase starting this week for November contracts, a source close to the company tells Kallanish.
This action is designed to rebalance the Italian market whose prices have continued to fall over recent months. Southern Italy is registering extremely weak demand and receiving Turkish rebar at €420-430/t delivered. Demand in the north is slightly more dynamic but northern I…
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Anonymous
Very good overview of the weekly steel market.
Anonymous